Issue Summary

"We are now past the inflection point," Air Lease Corp. Executive Chairman Steven Udvar-Hazy said last week. By the lessor's reckoning, CEO John Plueger noted, the inflection point occurred some time in the second half of last year, even as the world was grappling with the surges of the Delta and Omicron coronavirus variants. ALC isn't alone. Both Airbus and Boeing have notched significant orders in the last few months, as airlines rush to replace older, less fuel-efficient aircraft with newer jets. Air Canada, Air France-KLM, and Norwegian Air are just the latest airlines to think 2022 could be the…